P/E ratio for Spire Global (SPIR)
P/E ratio as of May 2024 (TTM): -3.15
According to Spire Global's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -3.15077. At the end of 2022 the company had a P/E ratio of -0.2280.
P/E ratio history for Spire Global from 2021 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | -0.2280 | -60.16% |
| 2021 | -0.5724 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Veeco
VECO | 24.8 | -886.85% | 🇺🇸 USA |
 SigmaTron International SGMA | -1.24 | -60.55% | 🇺🇸 USA |
 Sanmina SANM | 11.4 | -461.40% | 🇺🇸 USA |
 Plexus PLXS | 20.5 | -749.79% | 🇺🇸 USA |
 CyberOptics CYBE | 24.5 | -879.03% | 🇺🇸 USA |
 Jabil JBL | 18.8 | -695.79% | 🇺🇸 USA |
How to read a P/E ratio?
The Price/Earnings ratio measures the relationship between a company's stock price and its earnings per share. A low but positive P/E ratio stands for a company that is generating high earnings compared to its current valuation and might be undervalued. A company with a high negative (near 0) P/E ratio stands for a company that is generating heavy losses compared to its current valuation.
Companies with a P/E ratio over 30 or a negative one are generaly seen as "growth stocks" meaning that investors typically expect the company to grow or to become profitable in the future.
Companies with a positive P/E ratio bellow 10 are generally seen as "value stocks" meaning that the company is already very profitable and unlikely to strong growth in the future.